General Awareness Questions

1. The Indian Economy will grow as per the estimates given by the Asian Development Bank (ADB) at which of the following rates in 2008 ?
(A) 6.7%
(B) 7.5%
(C) 8.5%
(D) 8%
Ans (D)
2. Government has notified the hike in Foreign Direct Investment (FDI) limit for Public Sector Undertakings refineries. The new FDI limit is—
(A) 26%
(B) 49%
(C) 51%
(D) 75%
Ans: (B)
3. As per the report on State of Forest released on February 13, 2008, what is the percentage coverage of forest area in the total geographical area of the country ?
(A) 22.20%
(B) 21.30%
(C) 20.60%
(D) 19.90%
Ans: (C)
4. 13th Finance Commission has been constituted under the Chairmanship of—
(A) Y. S. P. Thorat
(B) Vijai L. Kelkar
(C) T. S. Vijayan
(D) Laxmi Narayan
Ans: (C)
5. SEBI is a—
(A) Statutory body
(B) Advisory body
(C) Constitutional body
(D) Non-statutory body
Ans: (A)
6. 15th SAARC Summit is scheduled to be held in July-August 2008. The changed venue of the summit is—
(A) New Delhi
(B) Sri Lanka
(C) Maldives
(D) Bangladesh
Ans: (B)
7. When was the SAARC established ?
(A) On December 8, 1984
(B) On January 1, 1984
(C) On December 8, 1985
(D) On January 1, 1985
Ans: (C)
8. What is the present number of member countries of European Economic Community ?
(A) 15
(B) 12
(C) 25
(D) 20
Ans: (B)
9. Which Committee recommended abolition of tax rebates under section 88 ?
(A) Chelliah Committee
(B) Kelkar Committee
(C) Shome Committee
(D) None of the above
Ans: (B)
10. Which of the following countries is not the members of European Union ?
(A) Switzerland
(B) Malta
(C) The Czeck Republic
(D) Poland
Ans: (A)
11. Pradhanmantri Bharat Jodo Pariyojna is related to—
(A) Communication
(B) Social Integration
(C) Linking of Rivers
(D) Development of Highways
Ans: (D)
12. ‘Sagarmala’ is a name associated with—
(A) A drilling vessel
(B) A project of port development
(C) Oil well in Indian Ocean
(D) None of the above
Ans: (B)
13. Tarapore Committee submitted its report on “Full Convertibility on Rupee” in—
(A) Current account
(B) Capital account
(C) Both in current as well as in capital account
(D) Special Drawing Rights (SDR)
Ans: (B)
14. The new President of FICCI (Federation of Indian Chambers of Commerce and Industry) is—
(A) K. C. Raina
(B) V. P. Shetty
(C) Rajiv Chandrashekhar
(D) Som Mittal
Ans: (C)
15. As per Revised Estimates for 2006-07 released by CSO, the growth rate for Indian economy has been estimated to be—
(A) 9.0%
(B) 9.2%
(C) 9.4%
(D) 9.6%
Ans: (D)
16. CENVAT is related to—
(A) Sales Tax
(B) Excise Duty
(C) Custom Duty
(D) Service Tax
Ans: (B)
17. Aam Admi Bima Yojana provides social security to—
(A) All labours in rural areas
(B) All landless labours living below poverty line in rural areas
(C) All labours in urban areas
(D) All labours in both rural as well as urban areas
Ans: (B)
18. According to 2001 census urbanrural population ratio is about—
(A) 35 : 65
(B) 32 : 68
(C) 28 : 72
(D) 25 : 75
Ans: (C)
19. As per the final estimates of Ministry of Agriculture, the rice production for 2006-07 is estimated at—
(A) 80.11 MT
(B) 90.0 MT
(C) 93.4 MT
(D) 101.60 MT
Ans: (C)
20. According to 2001 census the state having highest urban population is—
(A) U.P.
(B) Maharashtra
(C) Tamil Nadu
(D) Kerala
Ans: (B)
21. The growth rate of construction sector for the year 2006-07 has been estimated at the level—
(A) 9.2%
(B) 8.5%
(C) 11.0%
(D) 12.0%
Ans: (D)
22. International Finance Corporation (IFC) has decided to fund an Ultra Mega Power Project in Gujarat. This project belongs to—
(A) Reliance Group
(B) Tata Group
(C) Birla Group
(D) NTPC
Ans: (B)
23. Which states ranks first and last respectively in Education Development Index (EDI) prepared to track the progress of states towards providing universal elementary education ?
(A) Kerala and Orissa respectively
(B) Kerala and Bihar repectively
(C) Andhra Pradesh and Orissa respectively
(D) Karnataka and Bihar respectively
Ans: (B)
24. Targeted power capacity addition for 11th plan period is—
(A) 41110 MW
(B) 66463 MW
(C) 68963 MW
(D) 86283 MW
Ans: (B)
25. During 2006-07 which sector has shown the highest growth rate ?
(A) Service Sector
(B) Manufacturing Sector
(C) Transport and communication
(D) Agriculture Sector
Ans: (C)

Bank of Maharashtra General Awareness PO Exam 2010

Bank of Maharashtra Probationary Officer Exam., 2010
General Awareness : Solved Paper(Held on 19-12-2010)

1. Which of the following statements is/are correct about the economy of China ? (It was recently in news).
1. China is the world’s fastest growing economy with average growth rate of 10% for the last 30 years.
2. China is the world’s second largest economy by purchasing power parity.
3. China’s economy was valued a little higher than that of Japan’s.
(A) Only 1
(B) Only 2
(C) All 1, 2 and 3
(D) Only 2 and 3
(E) Only 1 and 2
Ans : (D)

2. As per the news published a few days back Reliance Power got a huge loan from the US Export-Import Bank for building a coal fired based power plant in India. The plant will be developed in—
(A) Sasan (MP)
(B) Angul (Odisha)
(C) Banswara (Rajasthan)
(D) Barauni (Bihar)
(E) None of these
Ans : (A)

3. As per the reports published in various newspapers, the Reserve Bank of India has directed all core investment companies in India to register themselves with it if their asset size is 100 crore or more. Which of the following is True about the Core Investment Companies (CICs) ?
1. CICs are non-banking finance companies.
2. CICs invest in shares for the purpose of taking stake in a company rather than for trading.
3. CICs are required to register with RBI as most of them were found involved in business in foreign countries and not in India.
(A) Only 1
(B) Only 1 and 2
(C) Only 2 and 3
(D) All 1, 2 and 3
(E) None of these
Ans : (B)


4. As per newspaper reports, the RBI recently divested its stake in NABARD. Now RBI’s stake in it is only—
(A) 10%
(B) 5%
(C) 3%
(D) 1%
(E) None of these
Ans : (D)

5. The Union Commerce and Industry Minister, while talking to press expressed his desire that India and USA both should work together for a Comprehensive Economic Partnership Agreement (CEPA). How will this help India ?
1. It is the agreement which allows liberalization of trade in goods by cutting/eliminating tariffs on most or all goods from both the sides.
2. It will help in easing of the flow of investment and special treatment to each other.
3. It will help USA to outsource more jobs to Indian companies and also to employ more Indians without any restriction.
(A) Only 1 and 2
(B) Only 1
(C) Only 2 and 3
(D) Only 1 and 3
(E) None of these
Ans : (D)

6. Immediately prior to Prithviraj Chavan who amongst the following was the Chief Minister of Maharashtra ?
(A) Vilasrao Deshmukh
(B) Ashok Chavan
(C) Ajit Pawar
(D) R.R. Patil
(E) None of these
Ans : (B)

7. The RBI has been asked to study and give a report on the loan waiver scheme announced by the United Progressive Alliance Govt. for farmers in 2008. How much amount was given by the Govt. for the scheme ? About—
(A) 10,000 crore
(B) 20,000 crore
(C) 50,000 crore
(D) 71,680 crore
(E) 2,00,000 crore
Ans : (D)

8. Which of the following organizations/agencies has sought an emergency fund of 1000 crore from banks to tackle acute liquidity crisis, which is coming in the way to give loans to micro borrowers ?
(A) Regional Rural and Cooperative Banks
(B) RBI
(C) Micro Finance Institutions
(D) NABARD
(E) None of these
Ans : (B)

9. The ministry of Finance recently released a comprehensive paper on Govt. debt. Which of the following is/are true about the same ?
1. The paper presents the road map for general debt to be raised by the Govt. of India during the period of 2011-2015 which is the period of the awards of the 13th Finance Commission.
2. As per the estimates, the target debt in the terminal year 2014-15 will be lower than whatever recommended by the 13th Finance Commission.
3. The paper has recommended that the Govt. should try to generate resources in such a way that it does not have to depend much on debt.’ The total debt should not be more than 1/3rd of the total requirements.
(A) Only 1
(B) Only 2
(C) Only 1 and 2
(D) Only 2 and 3
(E) None of these
Ans : (C)

10. As a measure to check inflation, the RBI on November 2, 2010 increased its short term indicative rates Repo and Reverse Repo by—
(A) 25 basis points
(B) 50 basis points
(C) 75 basis points
(D) 100 basis points
(E) None of these
Ans : (A)

11. What is the Cash Reserve Ratio (CRR) at present ?
(A) 4%
(B) 4•5%
(C) 5%
(D) 5•5%
(E) None of these
Ans : (E)

12. The Finance Ministry has decided to provide 8,700 crore as equity support to public sector banks so that they can raise funds from the capital market without diluting the Govt. holding in them. What is the Govt. holding in most of the public sector banks ?
(A) 49%
(B) 50%
(C) 51%
(D) 59%
(E) None of these
Ans : (C)

13. Which of the following is not amongst the core industries/sectors ?
(A) Coal
(B) Service sector
(C) Crude oil
(D) Power
(E) Steel
Ans : (E)

14. Who amongst the following Indian players won maximum number of Gold Medals (4 gold) in Commonwealth Games 2011 held in Delhi ?
(A) Saina Nehwal
(B) Deepika Kumari
(C) Sushil Kumar
(D) Gagan Narang
(E) None of these
Ans : (D)

15. Mr. Zhou Yong Kang was recently on a visit to India. Who is Mr. Zhou Yong Kang ?
(A) President of China
(B) Member of the Polit Bureau of China
(C) Prime Minister of Vietnam
(D) Member of the Polit Bureau of Vietnam
(E) None of these
Ans : (B)

16. The countries these days are most worried about the currency war. They are arguing about whose actions harmed the world economy the most. What are the views of the rich countries, particularly USA, in this regard ?
1. They feel that it was China who was unwilling to allow the Yuan to rise.
2. They feel that it was India who had snatched jobs in most of the European countries and USA. This made
the situation more grim.
3. Some countries feel that it was Japan who allowed swapping of its currency with other nations and created a grim situation in world market.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Ans : (A)

17. As per reports in various newspapers, Ben Bernanke, the Chairman of the Federal Reserve has predicted a bleak outlook for the economy in his country. This means the economy in which of the following countries is likely to be gloomy in the days to come ?
(A) UK
(B) Australia
(C) Canada
(D) Germany
(E) USA
Ans : (E)

18. India recently signed some agreements of strategic importance with Japan. Which of the following areas are covered under these agreements ?
1. Some mega infrastructure projects in North-Western India.
2. Implementation of a Comprehensive Economic Partnership Agreement.
3. India’s role in resolving crisis in Sudan.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 2
(E) Only 2 and 3
Ans : (D)

19. Which of the following is true about the Sudanese Civil War which is going on since last several years ?
1. The war started in 2003 when the Sudan Liberation Movement Army and some others took up arms against the Govt. of Sudan.
2. The main accusation was that the Govt. is involved in genocide of blacks in favour of Arabs.
3. The main cause of the war is Govt.’s support to European Nations and non willingness to join OPEC. The other party feels Sudan should play active role in OPEC as it is one of the main oil producing nations.
(A) Only 1 and 2
(B) Only 2 and 3
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Ans : (A)

20. ‘FBTR’ is a term/abbreviated name related to the area of—
(A) Nuclear Power
(B) Agriculture
(C) Economy
(D) Medical Science
(E) Sports
Ans : (A)

21. World’s largest Diamond Bourse was recently inaugurated in—
(A) New Delhi
(B) Kolkata
(C) Hyderabad
(D) Jaipur
(E) Mumbai
Ans : (E)

22. Which of the following summits (17th summit) was organized in Hanoi in October 2010 in which Dr. Manmohan Singh took part ?
(A) G-8
(B) G-15
(C) OPEC
(D) EU
(E) ASEAN
Ans : (E)

23. The European Union is recently considering its membership to Serbia. Years back Serbia decided to become an independent nation by breaking up from—
(A) Russia
(B) Yugoslavia
(C) Armenia
(D) Lithuania
(E) None of these
Ans : (B)

24. Busher Nuclear Plant was recently in news. The plant is located in—
(A) Iraq
(B) Russia
(C) Iran
(D) UAE
(E) North Korea
Ans : (C)

25. N. K. P. Salve Challenger Series is a tournament associated with which of the following games ?
(A) Hockey
(B) Football
(C) Cricket
(D) Lawn Tennis
(E) Badminton
Ans : (C)

26. ‘Irani Trophy’ is associated with—
(A) Hockey
(B) Badminton
(C) Football
(D) Lawn Tennis
(E) Cricket
Ans : (E)

27. Trecia Kaye Smith’s name was in news recently. She is a well known—
(A) Athlete
(B) Journalist
(C) Film Actress
(D) Politician
(E) None of these
Ans : (A)

28. Dilma Rousseff has taken over as the first female President of—
(A) Japan
(B) Brazil
(C) Cameroon
(D) Romania
(E) Portugal
Ans : (B)

29. Miss World 2010 contest in which Alexandria Mills was crowned ‘Miss World’ was organized in —
(A) China
(B) India
(C) Britain
(D) France
(E) None of these
Ans : (A)

30. Roger Federer won the Stockholm open 2010 by defeating—
(A) Leander Paes
(B) Mikhail Youzhny
(C) Rafael Nadal
(D) Gael Monfils
(E) Florian Mayer
Ans : (E)

31. Harward Jacobson’s name was recently in news. Who is Harward Jacobson ?
(A) Film Actor
(B) Politician
(C) Author
(D) Sports person
(E) Journalist
Ans : (C)

32. Which of the following is recognized as the biggest cause of Global Hunger in the world ?
(A) Inflation
(B) Poor management of public distribution system
(C) Unemployment and/or underemployment
(D) Malnutrition
(E) All of these
Ans : (D)

33. What is the purpose of National Green Tribunal, which started functioning recently ?
(A) It is a Save Earth Campaign
(B) It will hear the cases related to environmental degradation
(C) It is launched to promote awareness towards climatic changes
(D) Its main aim is to give suggestions–how to protect and increase forest cover in India
(E) None of these
Ans : (B)

34. Shri Nitish Kumar who won the recent elections held in Bihar is from which of the following parties ?
(A) Congress (I)
(B) BSP
(C) JD (U)
(D) Communist Party of India
(E) None of these
Ans : (C)

35. ‘‘The Bridge–The Life and Rise of Barack Obama’’, is a book written by—
(A) Cynthia Tucker
(B) Sarah Palin
(C) Barbara Walters
(D) Michelle Obama
(E) David Remnick
Ans : (E)

36. Human Rights Day is observed on which of the following dates ?
(A) December 15th
(B) December 20th
(C) December 10th
(D) November 15th
(E) November 20th
Ans : (C)

37. The 8th Asia-Europe Meeting (ASEM) was organized in October 2010 in—
(A) New Delhi
(B) Paris
(C) Dhaka
(D) London
(E) Brussels
Ans : (E)

38. Dale T. Mortensen and Christopher A. Pissarides are the joint winners of the Nobel Prize 2010 in—
(A) Medicine
(B) Economics
(C) Literature
(D) Peace
(E) Physics
Ans : (B)

39. Mr. O. N. V. Kurup who is the winner of the Jnanpith Award, announced recently, writes in—
(A) Tamil
(B) Telugu
(C) Malayalam
(D) English
(E) Hindi
Ans : (C)

40. The Govt. of India recently brought an IPO to offload its 10% stake in which of the following companies ?
(A) Hindustan Organic Chemicals Ltd.
(B) Electronics Corporation of India Ltd.
(C) Steel Authority of India Ltd.
(D) Air India Ltd.
(E) Coal India Ltd.
Ans : (E)

41. Which of the following terms is not used in the field of banking and finance ?
(A) Blue chip companies
(B) Commercial paper
(C) Hedge
(D) Premium Bonds
(E) Wobbe Index
Ans : (E)

42. Which of the following prizes/award is not given for excellence in literature ?
(A) Murtidevi Award
(B) Arjuna Award
(C) Vyas Samman
(D) Pulitzer Prize
(E) Saraswati Samman
Ans : (B)

43. Which of the following schemes is not launched by the Govt. of India ?
(A) Mid Day Meal Scheme
(B) Rural Health Mission
(C) Programme for Control of Blindness
(D) Jeevan Anurag
(E) ASHA
Ans : (E)

44. Which of the following programmes is run by the Govt. of India to provide safeguard against starvation during the period of natural calamities ?
(A) Targeted Public Distribution System
(B) Antyodaya Anna Yojana
(C) National Food for work programme
(D) Village Grain Bank Scheme
(E) None of these
Ans : (E)

45. India is not self-sufficient in the production of—
(A) Sugar
(B) Milk
(C) Wheat
(D) Edible oil
(E) Jute
Ans : (E)

46. Which of the following is a famous Pharma Company in India ?
(A) HCL
(B) BPCL
(C) IDPL
(D) Infosys Technology
(E) Grasim Industries
Ans : (C)

47. Rohan Bopanna who represented India in International events is a famous—
(A) Football player
(B) Lawn Tennis player
(C) Cricket player
(D) Hockey player
(E) Athlete
Ans : (B)

48. As per Fortune Magazine who amongst the following Indians is ‘The Businessman of the Year’ ?
(A) Anil Agarwal
(B) Kumarmangalam Birla
(C) Mukesh Ambani
(D) Ratan Tata
(E) None of these
Ans : (E)

49. The World Habitat Day is observed on which of the following dates ?
(A) October 24
(B) October 14
(C) November 4
(D) November 14
(E) None of these
Ans : (E)

50. Chewang Norphel who was given prestigious Jamnalal Bajaj Award 2010 recently, has made contributions in the field of—
(A) Rural development
(B) Literature
(C) Folk art/music
(D) Sports
(E) Film production
Ans : (A)

Bank of Baroda Socio Economics PO 2011

Bank of Baroda Probationary Officers Exam., 2011
(Held on 13-3-2011)
General Socio-Economic & Banking Awareness : Solved Paper

1. Trade Ministers of Key WTO member countries including India held a meeting at Davos in Switzerland on January 29, 2011.
Which one of the following was the purpose of this meeting ?
(A) Negotiations for free trade
(B) Negotiations to abolish Restrictive Trade Practices
(C) Issues relating to agricultural subsidies
(D) Negotiations for a global trade deal
(E) To include Pakistan and Iran as members
Ans : (D)

2. Which one of the following advices has/have been given by leading Economists to Finance Minister during their pre-budget meeting with him ?
1. To take measures to boost farm productivity only.
2. To improve supply of agricultural products only.
3. To reduce the fiscal deficit only.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) Only 1 and 2
Ans : (D)

3. As per recent newspaper reports, which one of the following countries has signed highest number of deals to get global project finance ?
(A) Australia
(B) USA
(C) Saudi Arabia
(D) Spain
(E) India
Ans : (E)


4. Which of the following terms is used in Banking Field ?
(A) Interest Rate Swap
(B) Input Devices
(C) Sedimentary
(D) Zero Hour
(E) Privilege Motion
Ans : (A)

5. To which of the following States has the Asian Development Bank given a loan of $ 90 m for development of Power projects ?
(A) Himachal Pradesh
(B) West Bengal
(C) Tripura
(D) Arunachal Pradesh
(E) Assam
Ans : (E)

6. On which one of the following issues can SEBI penalize any company in India ?
1. Violation of Banking Regulation Act.
2. Violation of foreign portfolio investment guidelines.
3. For violation of Negotiable Instrument Act.
(A) Only 1
(B) All 1, 2 and 3
(C) Only 1 and 2
(D) Only 2 and 3
(E) Only 2
Ans : (E)

7. In the opinion of the Governor of Reserve Bank of India, which one of the following is the reason owing to which India’s inflation is accelerating ?
(A) Excess liquidity in market
(B) Speculation in essential goods
(C) Higher food cost
(D) Commodities futures
(E) None of these
Ans : (A)

8. In opinion of the RBI, which one of the following is/are a threat to the smooth functioning of Indian Companies ?
1. Rising input costs.
2. High interest rates.
3. Inflation only.
(A) Only 1
(B) Only 2
(C) Only 1 and 2
(D) Only 3
(E) All 1, 2 and 3
Ans : (E)

9. For which one of the following reasons Government of India has decided to waive off upfront payment of Rs. 1,400 to be made by each customer located in rural areas to get LPG connection ?
1. To help villagers to use LPG in place of firewood/kerosene.
2. To help villagers to save kerosene for agricultural activities.
3. To lure villagers to use LPG which is of substandard quality and not fit for industrial use.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 2
(E) Only 2 and 3
Ans : (A)

10. Expand the term ALM as used in Banking/Finance sector ?
(A) Asset Liability Mismatch
(B) Asset Liability Maturity
(C) Asset Liability Management
(D) Asset Liability Manpower
(E) None of these
Ans : (C)

11. Who amongst the following is the author of the book ‘Half a Life’ ?
(A) Mark Tully
(B) Deepak Chopra
(C) Chetan Bhagat
(D) Ved Mehta
(E) V. S. Naipaul
Ans : (E)

12. In which one of the following states, village level marketing platform has been set up for the first time in the country ?
(A) Haryana
(B) Maharashtra
(C) Gujarat
(D) Bihar
(E) Kerala
Ans : (C)

13. The RBI has asked banks to spell out their policy, procedures and size of the business on which of the following aspects of banking ?
(A) On-shore banking
(B) Off-shore banking
(C) Investments in secondary market
(D) Wealth management
(E) None of these
Ans : (D)

14. Which of the following organizations has given a US $ 1•72 billion loan to India to build roads in rural areas ?
(A) Asian Development Bank
(B) International Monetary Fund
(C) Bill Gates Foundation USA
(D) World Bank
(E) None of these
Ans : (D)

15. Which one of the following advices has been given by Finance Minister Pranab Mukherjee to Chartered Accounts ?
(A) They must highlight the credit risks
(B) They must highlight the operational risks
(C) They must bring to the notice of Government tax evasions
(D) They must be vigilant against ‘window dressing’ of companies
(E) None of these
Ans : (E)

16. Who amongst the following has asked banks to adopt ‘six step’ approach to prevent diversion of funds by the companies ?
(A) Company Registrar
(B) SEBI
(C) RBI
(D) AMFI
(E) All of these
Ans : (C)

17. Which one of the following countries has been invited to join BRIC ?
(A) Indonesia
(B) Bangladesh
(C) South Africa
(D) China
(E) Argentina
Ans : (C)

18. Who is Nicolas Sarkozy ?
(A) French Prime Minister
(B) French President
(C) Russian Prime Minister
(D) Russian President
(E) None of these
Ans : (B)

19. Through which one of the following sources domestic funds are raised by Companies ?
1. IPO only
2. FPO only
3. Commercial papers.
(A) Only 3
(B) All 1, 2 and 3
(C) Only 1 and 3
(D) Only 1
(E) Only 1 and 2
Ans : (D)

20. Which one of the following was the reason owing to which Govt. wants Reserve Bank of India to tighten prudential norms for NBFCs ?
(A) To reduce liquidity in the market
(B) It is as per Basel II requirements
(C) It is as per Bank for International Settlement (BIS) directives
(D) It is to protect NBFCs from any impact of possible economic slowdown
(E) None of these
Ans : (D)

21. According to World Economic Forum, which one of the following risks is the greatest risk faced by the world in the year 2011 ?
(A) Credit Risk
(B) Country Risk
(C) Counterparty Risk
(D) Sovereign Default Risk
(E) None of these
Ans : (D)

22. Which one of the following decisions has been taken by Govt. in respect of MGNREGA ?
(A) The wages should be revised by the State Governments
(B) The wages are to be revised by Planning Commission
(C) The District Authorities who allot work can give differential wages
(D) The wages shall be linked to inflation
(E) None of these
Ans : (A)

23. What are teaser loan rates charged by banks ?
(A) Fixed rate of interest charged by banks
(B) Floating rate of interest charged by banks
(C) Rate of interest in the initial period is less and goes up subsequently
(D) Rate of interest in the initial period is more and it goes down subsequently
(E) None of these
Ans : (C)

24. On which one of the following subjects Pranab Sen Committee has submitted its recommendations to the Govt. of India ?
(A) MGNREGA
(B) Food Security
(C) Inflation
(D) Food processing industries
(E) None of these
Ans : (E)

25. Expand the term CCEA as used in administrative circles—
(A) Cabinet Committee on External Affairs
(B) Cabinet Committee on Economic Affairs
(C) Cabinet Council on External Affairs
(D) Cabinet Council on Economic Affairs
(E) None of these
Ans : (B)

26. With which one of the following games, Baichung Bhutia is associated ?
(A) Hockey
(B) Golf
(C) Kabaddi
(D) Football
(E) Tennis
Ans : (D)

27. What the full form of the term LIBOR as used in financial banking sectors ?
(A) Local Indian Bank Offered Rate
(B) London-India Bureau of Regulations
(C) Liberal International Bank Official Ratio
(D) London Inter Bank Offered Rate
(E) None of these
Ans : (D)

28. In which one of the following States, Patratu Thermal Power Plant is proposed to be set up ?
(A) Madhya Pradesh
(B) Bihar
(C) Jharkhand
(D) West Bengal
(E) Kerala
Ans : (C)

29. On the basis of which of the following reasons, IMF has projected India’s GDP growth at 8•8 per cent in 2010-11 ?
1. Strong industrial growth.
2. Strong farm sector growth.
3. High domestics consumption demand.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 3
(E) Only 2 and 3
Ans : (C)

30. Who amongst the following is the ICC Cricketer of the year ?
(A) Sachin Tendulkar
(B) Kevin Pietersen
(C) M. S. Dhoni
(D) Sanath Jayasuriya
(E) None of these
Ans : (A)

31. Who is Montek Singh Ahluwalia ?
(A) Chairman, Planning Commission
(B) Dy. Chairman, Planning Commission
(C) Cmmerce Secretary, GOI
(D) Economic Advisor to Prime Minister
(E) None of these
Ans : (B)

32. Who amongst the following is the Prime Minister of Australia at present ?
(A) Julia Gillard
(B) Kevin Rudd
(C) Dilma Rousseff
(D) Sebastian Vettel
(E) None of these
Ans : (A)

33. Expand the term FSDC which is used in financial sectors ?
(A) Financial Security and Development Council
(B) Financial Stability and Development Council
(C) Fiscal Security and Development Council
(D) Fiscal Stability and Development Council
(E) None of these
Ans : (B)

34. According to US Department of Agriculture, which one of the following countries in the world is the largest producer of dairy products ?
(A) Australia
(B) USA
(C) China
(D) Norway
(E) India
Ans : (E)

35. With which one of the following games is ‘Tiger Woods’ associated ?
(A) Golf
(B) Swimming
(C) Tennis
(D) Table Tennis
(E) Badminton
Ans : (A)

36. Which one of the following is largest producer of power in India ?
(A) Reliance Power
(B) Tata Power
(C) National Hydro Power
(D) Adani Power
(E) NTPC
Ans : (C)

37. For which one of the following States, centre has appointed interlocutors ?
(A) H.P.
(B) J & K
(C) Nagaland
(D) Manipur
(E) None of these
Ans : (B)

38. Expand the term GSLV—
(A) Geosynchronous Satellite Launch Vehicle
(B) Global Satellite Launch Vehicle
(C) Geosynchronous Station Launch Vehicle
(D) Global Station Launch Vehicle
(E) None of these
Ans : (A)

39. For which one of the following reasons Basel II norms are to be followed by Commercial Banks ?
(A) Risk management
(B) Adoption of international accounting standards
(C) Restriction on bonus payments to bank executives
(D) Transparency in disclosures
(E) None of these
Ans : (A)

40. With which one of the following sports, the name of Parupalli Kashyap is associated ?
(A) Chess
(B) Tennis
(C) Badminton
(D) Athletics
(E) None of these
Ans : (C)

41. Which of the following terms is used in cricket ?
(A) Centre forward
(B) Goal
(C) Love
(D) LBW
(E) Bull’s eye
Ans : (D)

42. With which one of the following activities, Golden Globe Awards are associated ?
(A) Journalism
(B) Social work
(C) Peace initiatives
(D) Films
(E) None of these
Ans : (D)

43. ‘Goodbye Shahzadi’ is a book written by—
(A) Shyam Bhatia
(B) Ashok Mehta
(C) Janardhan Thakur
(D) Arun Gandhi
(E) None of these
Ans : (A)

44. Malayalam writer Akkithom Achyuthan Nambhodiri will be the recipient of which of the following awards ?
(A) Moortidevi award
(B) Pulitzer Prize
(C) Best Asian Author
(D) Kalidas Sanman
(E) Arjuna Award
Ans : (A)

45. With which one of the following sports, Narain Karthikeyen is connected ?
(A) F–1
(B) Tennis
(C) Badminton
(D) Table Tennis
(E) Snooker
Ans : (A)

46. In which one of the following States, Sabari mala temple is located ?
(A) Tamil Nadu
(B) A.P.
(C) Kerala
(D) Karnataka
(E) None of these
Ans : (C)

47. Which one of the following will set up core banking infrastructure for rural banks ?
(A) RBI
(B) NABARD
(C) SIDBI
(D) IBA
(E) None of these
Ans : (B)

48. Who is Robert Zoelick ?
(A) IMF Chief
(B) World Bank President
(C) ADB President
(D) Chief UNIDO
(E) None of these
Ans : (B)

49. Justice K. G. Balakrishnan is holding the post of—
(A) Chief Justice of India
(B) Chairman, National Human Rights Commission
(C) Cabinet Secretary, Govt. of India
(D) Revenue Secretary, Govt. of India
(E) None of these
Ans : (B)

50. Mehbooba Mufti belongs to which one of the following political parties ?
(A) National Conference
(B) PDP
(C) NCP
(D) Janta Dal
(E) None of these
Ans : (B)

General Awareness PO Allahabad Bank 2011

Allahabad Bank Probationary Officers Exam., 2011
(Held on 17-4-2011)
General Awareness : Solved Paper

1. Which of the following is/are the objective(s) of Free Trade Agreement, India has done with many countries ?
1. To provide support to entrepreneurs for setting up new projects in tiny/SSI sector.
2. For undertaking expansion of business.
3. To support technology up-gradation.
(A) Only 1 and 2
(B) Only 2 and 3
(C) All 1, 2 and 3
(D) Only 1 and 3
(E) None of these
Ans : (C)

2. Which of the following organisations issue the rules of global trade ?
(A) World Bank
(B) World Trade Organisation
(C) Foreign Exchange Dealers’ Association
(D) Directorate General and Foreign Trade
(E) None of these
Ans : (B)

3. One single statement that depicts the financial position of a bank and/or business enterprise at a given point of time is called—
(A) Statement of product details
(B) Reconciliation Statement
(C) Balance Sheet
(D) Quarterly returns submitted to RBI
(E) Trading and manufacturing account
Ans : (C)


4. Banks borrow money from the RBI on which of the following rates ?
(A) Reverse Repo Rate
(B) Repo Rate
(C) SLR
(D) CRR
(E) Savings Rate
Ans : (B)

5. The Reverse mortgage scheme is launched to give benefit to which of the following groups of society ?
(A) Govt. employees
(B) Senior Citizens
(C) Unemployed youth
(D) War widows
(E) None of these
Ans : (B)

6. What does the letter ‘M’ depict in the term SME as used in the financial world ?
(A) Maximum
(B) Medium
(C) Mercantile
(D) Mutual
(E) Ministry
Ans : (B)

7. One of the major challenges banking industry is facing these days is deliberate efforts of some people to bring money earned through illegal activities in circulation. Which of the following acts is passed to prevent this activity ?
(A) Payment & Settlements Act
(B) Banking Regulation Act
(C) Negotiable Instrument Act
(D) Narcotics and Psychotropic Substance Act
(E) Prevention of Money laundering Act
Ans : (E)

8. Which of the following organizations provides guarantee to the exporters ?
(A) Exim Bank
(B) Export Credit Guarantee Corporation
(C) Director General Foreign Trade
(D) Reserve Bank of India
(E) Registrar of companies
Ans : (B)

9. Which of the following terms is not used in Banking World ?
(A) Credit
(B) Rate
(C) Financial Status
(D) Discount
(E) Absolute zero
Ans : (E)

10. What is the full form of IRR as used in banking/financial sectors ?
(A) Internal Rate of Return
(B) Internal Revaluation Reserve
(C) Investment Reserve Ratio
(D) Internal Risk Return
(E) None of the above
Ans : (A)

11. Which of the following organisations provides credit history of the borrowers ?
(A) CIBIL
(B) ARCIL
(C) SEBI
(D) RBI
(E) CCIL
Ans : (A)

12. Banks need liquidity to meet which of the following objectives of banking ?
1.Meet deposit withdrawal
2.Fund loan demands
3.Maintain public confidence
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 2
(E) Only 2 and 3
Ans : (D)

13. According to latest Economic Survey, which of the following sectors will provide largest share to Indian economy in the days to come?
(A) Agriculture
(B) Industry
(C) Services
(D) Exports
(E) None of these
Ans : (C)

14. Which one of the following group represents key industries ?
1. Crude oil, electricity
2. Petroleum refining and finished steel
3. Cement and coal
(A) Only group 1
(B) Only group 2
(C) Only groups 1 and 2
(D) Only group 3
(E) All groups 1, 2 and 3
Ans : (E)

15. Which one of the following is covered in the list of services for service tax purposes ?
1. Insurance/health services
2. Hotel accommodation/air travel services
3. Money changers/legal services
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 3
(E) All 1, 2 and 3
Ans : (E)

16. Which of the following agencies is providing Unique Identity Cards to all Indian Residents ?
(A) Election Commission of India
(B) Ministry Foreign Affairs
(C) Govt. of Maharashtra
(D) Border Secutiry Force
(E) None of these
Ans : (A)

17. Vikram Pandit is associated with which of the following banks ?
(A) Yes Bank
(B) ICICI Bank
(C) Citigroup
(D) HSBC
(E) State Bank of India
Ans : (C)

18. Banks make frequent changes in their product profile including introduction of new products etc. This is called—
(A) Product Control
(B) Product enhancement
(C) Product marketing
(D) Product enrichment
(E) None of these
Ans : (B)

19. Banking and financial services, all over the world, are regulated usually by Monetary Authority of the land. Who controls this function in India?
(A) Ministry of Finance
(B) SEBI
(C) RBI
(D) IRDA
(E) FEDAI
Ans : (C)

20. As per guidelines of the RBI, banks are to provide appropriate banking facilities to habitations having population in excess of 2000 by which year ?
(A) 2011
(B) 2012
(C) 2015
(D) 2016
(E) None of these
Ans : (B)

21. Which one of the following is the target fixed for maintaining fiscal deficit in the Union Budget of India ?
(A) 4•6 per cent of total budget
(B) 4•6 per cent of GDP
(C) 3•6 per cent of total budget
(D) 3•6 per cent of GDP
(E) None of these
Ans : (B)

22. FIMMDA stands for—
(A) Foreign Investment Markets & Derivatives Market Association
(B) Fixed Income Money Markets and Derivatives Association
(C) Fixed Income and Money Market Development Association
(D) Floating Income and Money Markets Derivative Assets
(E) None of these
Ans : (B)

23. On which one of the following issues, a group of top business leaders and other eminent citizens have expressed their concern to the Govt. of India ?
(A) Corporate Governance
(B) Fiscal deficit
(C) Inflation
(D) Governance deficit
(E) None of these
Ans : (C)

24. Nobel Laureate Muhammed Yunus belongs to which one of the following countries ?
(A) Sri Lanka
(B) Pakistan
(C) Maldives
(D) Bangladesh
(E) None of these
Ans : (D)

25. Who is the author of the book ‘Darkness At Noon’ ?
(A) V. S. Naipaul
(B) Chetan Bhagat
(C) Arthur Koestler
(D) Vikram Seth
(E) None of these
Ans : (C)

26. For which one of the following purposes, Mega Food Parks scheme was introduced by the Government of India ?
(A) To provide better price to farmers
(B) To improve the productivity of food crops
(C) To control the prices of food items
(D) To avoid wastage of fruits and vegetables stored for export
(E) None of these
Ans : (A)

27. Which of the following terms is not used in banking ?
(A) Debit Card
(B) Credit Card
(C) Kisan Card
(D) ELISA Test
(E) None of these
Ans : (D)

28. Which of the following is the reason, owing to which Government charges export duty on some export items ?
(A) It is to get benefit of high international prices
(B) To improve the tax collection targets
(C) It is as per international practices
(D) To ensure the smooth availability of the items in India
(E) None of these
Ans : (D)

29. Pipavav Port is located in which of the following States ?
(A) Odisha
(B) Andhra Pradesh
(C) Tamil Nadu
(D) Gujarat
(E) West Bengal
Ans : (D)

30. Which of the following is/are the objective(s) of our monetary policy ?
1. Anchor inflation expectations
2. Actively manage liquidity
3. Maintain interest rate regime consistent with price output and financial stability
(A) Only 1
(B) All 1, 2 and 3
(C) Both 1 and 3
(D) Only 2
(E) None of these
Ans : (C)

31. With which one of the following fields was Pandit Bhimsen Joshi associated ?
(A) Dance
(B) Music
(C) Short-story writing
(D) Novels
(E) None of these
Ans : (B)

32. For which of the following purposes, RBI has constituted a Working Group with Shri Deepak Mohanty as Chairman ?
(A) Deregulation of primary markets
(B) Deregulation of secondary markets
(C) Deregulation of Savings Bank Rates
(D) Introduction of Base Rate
(E) None of these
Ans : (D)

33. Who is Kapil Sibal ?
(A) Coal Minister of India
(B) Civil Aviation Minister of India
(C) Telecom Minister of India
(D) Economic Advisor to Prime Minister of India
(E) None of these
Ans : (C)

34. Which of the following will set up core banking infrastructure for rural banks ?
(A) SIDBI
(B) IBA
(C) RBI
(D) SBI
(E) NABARD
Ans : (E)

35. Colonel Muammar al Gaddafi is associated with which one of the following countries ?
(A) Libya
(B) Beharin
(C) Yemen
(D) Tunisia
(E) None of these
Ans : (A)

36. What is Gross Domestic Product ?
(A) It is the cost of production of all final goods and services made in the country
(B) It is the cost of services made within the borders of a country in a year
(C) It is the market value of all final goods and services made in the country
(D) It is the market value of all final goods and services made within the borders of a country in a year
(E) None of these
Ans : (D)

37. Which of the following metals is used for generation of Nuclear Power ?
(A) Silver
(B) Gold
(C) Uranium
(D) Copper
(E) Barium
Ans : (C)

38. In which one of the following States, India’s first Islamic Bank is proposed to be set up ?
(A) Kerala
(B) Tamil Nadu
(C) Odisha
(D) Bihar
(E) None of these
Ans : (A)

39. In which one of the following States, Niyamgiri Bauxite Mining Project is proposed to be set ?
(A) Odisha
(B) Jharkhand
(C) West Bengal
(D) Bihar
(E) Chhattisgarh
Ans : (A)

40. Which of the following terms is not used in Economics ?
(A) Demand and Supply
(B) Ad Valoram Tax
(C) Break even
(D) HIV positive
(E) Cost benefit analysis
Ans : (D)

41. For which one of the following reasons Finance Minister denied entry of NRI funds for infra bonds ?
(A) It will bring in more liquidity in the country
(B) NRIs can withdraw their funds any time
(C) It will bring interest burden on the country
(D) It could lead to losses at the time of redemption because of fluctuations in the Indian Currency
(E) None of these
Ans : (B)

42. What is ‘financial inclusion’ ?
1. Easy access to bank accounts for safe parking of savings
2. Availability of cheap credits through appropriately designed loans for poor and low income households and small entrepreneurs
3. Availability of basic financial products like insurance
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 2
(E) All 1, 2 and 3
Ans : (B)

43. According to the Securities and Insurance Laws (Amendment) Bill 2010, who amongst the following will be Vice-Chairman of joint commission to resolve differences amongst the financial regulators ?
(A) Finance Minsiter, GOI
(B) Deputy Chairman, Planning Commission
(C) SEBI Chairman
(D) Chairman, Central Vigilance Commission
(E) RBI, Governor
Ans : (E)

44. Which of the following terms is used in Economics ?
(A) Keynesian
(B) Adsorption
(C) Affinity Matrix
(D) Gene Flow
(E) None of these
Ans : (A)

45. Which one of the following is the directive given to the Govt. of India in the Financial Stability Report submitted to it ?
(A) Focus on financial consistency
(B) To reduce fiscal deficit
(C) To ensure GDP growth
(D) To reduce revenue deficit
(E) None of these
Ans : (B)

46. In which one of the following States, Jangi-Thopon and Thopon-Powari Power Projects are proposed to be set up ?
(A) J & K
(B) H. P.
(C) U. P.
(D) Manipur
(E) Meghalaya
Ans : (B)

47. Which one of the following is the proposal under the Food Security Law ?
(A) To provide 25 kg of food-grains to ration card holders
(B) To provide 25 kg of food-grains to targeted beneficiaries
(C) To provide 35 kg of food-grains to ration card holders
(D) To provide 35 kg of food-grains to targeted beneficiaries
(E) None of these
Ans : (C)

48. Which one of the following are key policy rates used by RBI to influence interest rates ?
1. Bank Rate/the Repo Rate
2. Reverse Repo Rate
3. CRR/SLR
(A) Only 1
(B) Only 2
(C) All 1, 2 and 3
(D) Only 3
(E) Both 1 and 3
Ans : (C)

49. For giving cooking gas connection to poor families, which of the following one time subvention (in rupees) will be provided by the Planning Commission ?
(A) 500
(B) 600
(C) 750
(D) 1000
(E) 1400
Ans : (E)

50. Which one of the following rates signal the RBI’s long term out-look on interest rates ?
(A) Repo Rate
(B) Reverse Repo Rate
(C) Bank Rate
(D) SLR
(E) CRR
Ans : (C)

51. What do you understand by ‘Para Banking’ services ?
(A) Eligible financial services rendered by banks
(B) Utility services provided by banks
(C) Services provided through business correspondents
(D) Services provided to armed force personnel
(E) None of these
Ans : (C)

52. For which one of the following reasons, the Steel Ministry wants complete ban on export of iron ore from India ?
(A) The price of iron ore exports is not competitive
(B) The iron ore exports do not provide any value addition to exports
(C) The prices of iron ore are high and as such the exports of the ore should be banned
(D) Iron ore is a non-renewable resource like coal and petroleum products, hence it should be preserved
(E) None of these
Ans : (D)

53. What is a cross Border Exchange ?
(A) Trading of foreign currency in India
(B) Trading of Indian rupee in exchange of other currencies/ goods
(C) Hawala transactions in Indian Rupee
(D) Unauthorized remittance of Indian Rupee
(E) None of these
Ans : (A)

54. What is Cartosat-2B ?
(A) It is an advanced remote sensing statellite built by ISRO
(B) It is a warhead developed by DRDO
(C) It is an educational project launched by UGC
(D) It is an advanced computer developed by IIT Kanpur
(E) None of these
Ans : (A)

55. For which one of the following reasons RBI has decided to undertake mid-quarter policy reviews ?
1. To realign its policies
2. To take steps and ensure smooth flow of credit
3. To provide guidance to the economy
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Ans : (D)

56. Which one of the following is the objective of Financial Stability and Development Council ?
(A) To address inter-regulatory issues only
(B) To focus on financial literacy only
(C) To focus on financial inclusion only
(D) Only (A) and (B)
(E) All (A) , (B) and (C)
Ans : (C)

57. For which one of the following reasons has the Planning Com-mission decided to convert itself into a system Reforms Commission ?
(A) It is to make people to people contact
(B) It is to understand the problems of people
(C) It is to review the implementation of its policies
(D) It is aimed at changing economic profile of the country
(E) None of these
Ans : (A)

58. Which one of the following sectors in India has attracted highest amount of Foreign Direct Investment during 2009-10 ?
(A) Manufacturing
(B) Construction
(C) Wholesale and Retail Trade
(D) Financial Insurance, Real Estate
(E) Civil Aviation
Ans : (B)

59. Which of the following is/are a renewable source of energy ?
1. Wind
2.Solar
3. Thermal
(A) Only 1
(B) Only 2
(C) All 1, 2 and 3
(D) Only 2 and 3
(E) Only 1 and 2
Ans : (E)

60. Expand the term SWIFT—
(A) Society for Worldwide Inter-national Financial Telecommunications
(B) Society for Worldwide Inter-bank Financial Telecommunications
(C) Society for Worldwide Inter-national Financial Transfers
(D) Society for Worldwide Inter-bank Fiscal Transactions
(E) None of these
Ans : (B)

61. For which one of the following reasons. NABARD has set up joint liability groups (JLG) of farmers ?
(A) To facilitate delivery of credit to farmers
(B) To facilitate better delivery of credit to farmers through informal sources
(C) To facilitate better delivery of credit to share croppers and those who do not have their own land
(D) To facilitate better delivery of credit to farmers through Panchayats
(E) None of these
Ans : (A)

62. Which of the following terms is not used in Banking World ?
(A) Holding Company
(B) Post dated cheque
(C) Credit
(D) Time deposit
(E) Centripetal force
Ans : (E)

63. What is the extent of claim that can be entertained by a Lok Adalat ?
(A) Up to lakhs
(B) Up to 10 lakhs
(C) Up to 20 lakhs
(D) Up to 50 lakhs
(E) No limit
Ans : (A)

64. ‘ASHA’ is a scheme for providing which of the following services to the people in India ?
(A) Health Service
(B) Clean water
(C) Primary Education
(D) Employment for 100 days
(E) None of these
Ans : (A)

65. Some private organizations are running e-choupals, to help which of the following section of society ?
(A) Farmers
(B) Small businessman
(C) Cooperative Credit Societies
(D) School-going children
(E) Unemployed youth
Ans : (A)

66. Which is the currency of U.A.E. ?
(A) Dirham
(B) Dinar
(C) Dollar
(D) Taka
(E) Pound Sterling
Ans : (A)

67. Who amongst the following is the author of the book ‘A bend in the River’ ?
(A) Chetan Bhagat
(B) V. S. Naipaul
(C) Kiran Desai
(D) Anita Desai
(E) None of these
Ans : (B)

68. Which of the following terms is used in game of Cricket ?
(A) Love
(B) Scoop
(C) LBW
(D) Tee
(E) Back-hand drive
Ans : (C)

69. Which one of the following was India’s per cent GDP growth during 2009-10 ?
(A) 6•7
(B) 9•2
(C) 7•4
(D) 9•7
(E) None of these
Ans : (C)

70. Which one of the following countries in Europe is facing financial crisis ?
(A) Ireland
(B) Portugal
(C) Rumania
(D) Hungary
(E) France
Ans : (D)

71. Which of the following schemes is launched for school children ?
(A) Rajlakshmi
(B) Kutir Jyoti
(C) Mid Day Meal
(D) Swajal Dhara
(E) None of these
Ans : (C)

72. Loans of small or very small amounts given to low income group people are known as—
(A) Investment Loans
(B) Micro Credit
(C) Savings Loan
(D) Secured Loans
(E) Cash Credit Loans
Ans : (B)

73. Which of the following is the Central Bank of U.S.A. ?
(A) Federation of Banks in U.S.A.
(B) Citigroup U.S.A.
(C) Bank of America
(D) Central Bank of U.S.A.
(E) Federal Reserve System
Ans : (E)

74. Which one of the following countries was second biggest net importer of goods and services in the year 2009 ?
(A) U.S.A.
(B) India
(C) China
(D) Germany
(E) Russia
Ans : (B)

75. The activity of purchasing shares of various companies is called—
(A) On-line Trading
(B) Share Trading
(C) Real estate investment
(D) Corporate Trading
(E) None of these
Ans : (C)

Corporation Bank PO Socio Economics 2011

Corporation Bank Probationary Officers Exam., 2011(Held on 29-5-2011)
General Awareness on Socio-Economic Developments : Solved Paper

1. Micro credit or micro finance is a novel approach to banking with the poor. In this approach bank credit is extended to the poor through—
(A) Self Help Groups
(B) Anganwadees
(C) Cooperative Credit Societies
(D) RBI
(E) None of these
Ans : (A)

2. TRAI regulates the functioning of which of the following ser-vices ?
(A) Port
(B) Trade
(C) Telecom
(D) Transport
(E) None of these
Ans : (C)

3. Many times we read about ‘Hawala’ transactions in newspapers. Hawala in India is prohibited under the provision of which of the following Acts ?
(A) Fiscal Responsibility and Budget Management Act
(B) Banking Regulation Act
(C) Financial action Task Force Act
(D) Foreign Exchange Management Act
(E) None of these
Ans : (D)


4. Which of the following is the popular name of the norms by which bank satisfy itself about the customers identity and motivation ?
(A) Basel norms
(B) KYC norms
(C) Service norms
(D) Lending norms
(E) None of these
Ans : (B)

5. Mutual funds are regulated by—
(A) Association of Mutual Funds of India (AMFI)
(B) Securities and Exchange Board of India (SEBI)
(C) Reserve Bank of India
(D) IRDA
(E) None of these
Ans : (B)

6. Bancassurance is—
(A) an insurance scheme to insure bank deposits
(B) an insurance scheme exclusively for the employees of banks
(C) a composite financial service offering both bank and insurance products
(D) a bank deposit scheme exclusively for employees of insurance companies
(E) None of these
Ans : (C)

7. Sarva Shiksha Abhiyan is aimed at the education of which of the following ?
(A) Education of children between 6–14 years
(B) Education of girls up to graduation level
(C) College education
(D) Adult education
(E) None of these
Ans : (A)

8. Jnanpith Award is given for excellence in the field of—
(A) Social service
(B) Sports
(C) Classical dance
(D) Music
(E) Literature
Ans : (E)

9. Which of the following bills presented in the Parliament will bring some changes in existing tax regime ?
(A) Direct Taxes Code (DTC) Bill
(B) Foreign Exchange Management Regulatory Bill
(C) Companies Act Bill
(D) Salaries and Perks for MPs Bill
(E) Finance Bill 2010-11
Ans : (A)

10. The full form of PIN in a ATM card is—
(A) Permanent Information Number
(B) Personal Identification Number
(C) Professional Identification Number
(D) Permanent Identification Number
(E) Personal Index Number
Ans : (B)

11. Which of the following is not the function of RBI ?
(A) Maintaining Forex
(B) Decides Bank rate, CRR and SLR from time to time
(C) Opening Savings Accounts for general public
(D) Prescribes the Capital Adequacy Ratio
(E) Currency Management
Ans : (C)

12. Obligation of a Banker to maintain secrecy is applicable to—
(A) only in case of existing deposit accounts
(B) only in respect existing loan accounts
(C) only in case of closed accounts
(D) all types of deposit/loan accounts (existing/closed)
(E) None of these
Ans : (D)

13. Banks today in addition to normal banking services offer which of the following services ?
(A) Internet banking
(B) Depository services
(C) Financial counseling services
(D) Only (A) and (B) above
(E) All (A), (B) and (C) above
Ans : (E)

14. Dr. Muhammad Yunus is a resident of—
(A) India
(B) Pakistan
(C) Bangladesh
(D) U.S.A.
(E) U.K.
Ans : (C)

15. Which among the following cannot be called an anti inflationary measure ?
(A) Raising the bank rates
(B) Raising the reserve ratio requirements
(C) Purchase of securities in the open markets
(D) Rationing of the credit
(E) None of these
Ans : (C)

16. Which among the following is the major marine food export item of India ?
(A) Frozen fish
(B) Frozen shrimp
(C) Frozen crabs
(D) Cephalopods
(E) None of these
Ans : (B)

17. In context with the business and banking, what is CRAR ?
(A) Capital to risk asset ratio
(B) Credit to risk asset ratio
(C) Credit to risk assessment ratio
(D) Capital to risk assessment rate
(E) Credit rate assessment ratio
Ans : (A)

18. The monetary authority in India viz. reserve bank of India is bound to maintain a reserve against the note issue whatever may be the amount. This system is called as—
(A) Minimum reserve system
(B) Proportional reserve system
(C) Maximum fiduciary issue system
(D) Simple deposit system
(E) None of these
Ans : (A)

19. Consider the following—
1. Bank rate policy
2. Open market operations
3. Devaluation of rupee.
Which among the above are called fiscal measures ?
(A) 1 only
(B) 1 and 2 both
(C) 1 and 3 both
(D) 3 only
(E) None of these
Ans : (D)

20. Which among the following is the most abundant human resource in India ?
(A) High skilled labour in organized sector
(B) High skilled labour in unorganized sector
(C) Low skilled labour in organized sector
(D) Low skilled labour in unorganized sector
(E) None of these
Ans : (B)

21. What is the maximum amount per withdrawal in a day that can be withdrawn by a customer by using ATM of other bank ?
(A) Rs. 1,000
(B) Rs. 3,000
(C) Rs. 5,000
(D) Rs. 10,000
(E) No such limit
Ans : (E)

22. Interest rates on which of the following deposit schemes is fixed by Reserve Bank of India ?
(A) Fixed deposit above 5 years maturity
(B) Recurring deposits
(C) Saving bank
(D) Flexi deposit scheme
(E) None of these
Ans : (C)

23. Which of the following policies is known as annual policy statement ?
(A) Annual budget of Central Govt.
(B) Credit and monetary policy of RBI
(C) Foreign trade policy of DGFT
(D) Regulation issued by SEBI
(E) None of these
Ans : (B)

24. Appropriate banking facilities are to be provided to habitations having population above 2000 people by—
(A) 2011
(B) 2012
(C) 2013
(D) 2014
(E) 2015
Ans : (B)

25. Govt. shareholding in public sector banks cannot be below—
(A) 33%
(B) 51%
(C) 74%
(D) 76%
(E) 100%
Ans : (B)

26. The Union Budget for 2011-12 proposed lowering of qualifying age for tax relief for senior citizens for 65 years to—
(A) 55 years
(B) 58 years
(C) 63 years
(D) 62 years
(E) 60 years
Ans : (E)

27. Government of India in March 2011 conferred the miniratna status on which of the following PSUs ?
(A) National Small Industries Corporation (NSIC)
(B) Air India Charters Ltd.
(C) Cement Corporation of India
(D) HMT Machine Tools Ltd.
(E) Bharat Heavy Electricals Ltd.
Ans : (A)

28. Noted social worker Anna Hazare started his hunger strike at Jantar Mantar in New Delhi to protest against the reported delay in bringing in which of the following bills to effectively deal with corruption ?
(A) Central Vigilance Commission Bill
(B) The Competition (Amendment) Bill
(C) The Airports Economic Regulatory Authority of India Bill
(D) The Appropriation (No. 3) Bill
(E) Lokpal Bill
Ans : (E)

29. As we all know Govt. of India collects tax revenue on various activities in the country. Which of the following is a part of the tax revenue of the Govt. ?
1. Tax on income
2. Tax on expenditure
3. Tax on property or capital asset
4. Tax on goods and services.
(A) Both 1 and 3 only
(B) Both 2 and 4 only
(C) All 1, 2, 3 and 4
(D) Only 2, 3 and 4
(E) None of these
Ans : (A)

30. Sardar Sarovar dam is on which of the following rivers ?
(A) Ganga
(B) Jamuna
(C) Beas
(D) Narmada
(E) Ravi
Ans : (D)

31. As per the targets for 11th Five Year Plan, educated unemployment is to be reduced to which of the following levels ?
(A) 9%
(B) 6%
(C) 7%
(D) 8%
(E) 5%
Ans : (E)

32. Which of the following Acts was framed specially to deal more effectively with the problem of Non-performing assets in banking system ?
(A) Companies Act
(B) Banking Regulation Act
(C) Foreign Exchange Management Act
(D) Industrial Dispute Act
(E) SARFAESI Act
Ans : (E)

33. Very often we read in news-papers / magazines about ‘Sovereign Wealth Funds’. Which of the following is/are the correct description of the same ?
1. These are the funds or the reserves of a government of central bank of a country which are invested further to earn profitable returns
2. These are the funds, which were accumulated by some people over the years but were not put in active circulation as they retain them as Black Money for several years
3. The funds which are created to be used as relief funds or bailouts packages.
(A) Both 2 and 3 only
(B) Only 2
(C) Only 3
(D) Only 1
(E) None of these
Ans : (D)

34. Credit rating—
(A) is used to rate the borrowers while giving advances
(B) is used to work out performance of the employees
(C) is used to calculate the number of excellent audit rated branches
(D) is not used in any bank
(E) is necessary before giving promotion to employees
Ans : (A)

35. Names of which of the following rates/ratios cannot be seen in financial newspapers ?
(A) Bank rate
(B) Repo rate
(C) Statutory liquidity ratio
(D) Cash reserve ratio
(E) Pulse rate
Ans : (E)

36. Invisible exports means export of—
(A) Perishable goods
(B) Prohibited goods
(C) Unrecorded goods
(D) Goods through smuggling
(E) Services
Ans : (E)

37. Ten rupee notes contain the signature of—
(A) Finance Secretary, GOI
(B) Chairman, State Bank of India
(C) Governor, Reserve Bank of India
(D) Finance Minister, GOI
(E) Prime Minister
Ans : (C)

38. In banking terminology NPA means—
(A) No promise account
(B) Non personal account
(C) Non performing asset
(D) Net performing asset
(E) New promising amblence
Ans : (C)

39. Who is the present RBI Governor ?
(A) Dr. Y. V. Reddy
(B) Dr. Ravi Mohan
(C) Dr. Smt. Usha Thorat
(D) Shri M. V. Nair
(E) Dr. D. Subbarao
Ans : (E)

40. The wheat based Nutrition programme is being implemented by which of the following Ministries/departments of the Govt. of India ?
(A) Ministry of Labour Welfare
(B) Department of Women and Child Development
(C) Department of Consumer Affairs
(D) Ministry of Agriculture
(E) Ministry of Planning
Ans : (B)

41. Which of the following is true about ‘Rajiv Gandhi Grameen Vidyutikaran Yojana of the Govt. of India ?
1. Its objective is electrification of all unelectrified villages
2. It was launched to provide free electricity to the farmers during the harvesting season
3. Each family covered under the scheme is eligible to get one free connection for a period of five years.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 3
(E) All 1, 2 and 3
Ans : (A)

42. ‘Mahila Samakhya Scheme’ is launched by the ministry of—
(A) Human Resource Development
(B) Social Welfare
(C) Rural Development
(D) Agriculture
(E) Youth Affairs & Sports
Ans : (A)

43. National Rural Health Mission was launched in the year—
(A) 1995
(B) 2000
(C) 2007
(D) 2010
(E) 2005
Ans : (E)

44. Which of the following schemes is launched for providing health services in rural areas ?
(A) Operation flood
(B) Look east
(C) SJSRY
(D) JNNURM
(E) ASHA
Ans : (E)

45. Which of the following schemes is launched for the school going children ?
(A) Lok Jumbish
(B) Mid Day Meal
(C) Sarva Shiksha Abhiyan
(D) AYUSH
(E) None of these
Ans : (B)

46. Eligibility age for pension under Indira Gandhi National old age pension scheme for Below Poverty Line beneficiaries is now reduced to—
(A) 65 years
(B) 60 years
(C) 58 years
(D) 62 years
(E) 55 years
Ans : (B)

47. Which of the following schemes is launched by the Govt. of India to provide/develop infrastructure in rural areas ?
(A) Mahatma Gandhi National Rural Employment Guarantee Act
(B) Financial Action Task Force
(C) Pradhan Mantri Shahari Rozgar Yojana
(D) Bharat Nirman
(E) None of these
Ans : (A)

48. Govt. of India has launched special Green Revolution project for which of the following states/ group of states ?
(A) North-east states
(B) Bihar and Jharkhand
(C) West Bengal
(D) Tamil Nadu and Kerala
(E) None of these
Ans : (A)

49. ‘Sugam’ is a scheme launched for—
(A) Small tax payers
(B) Pensioners getting old age pension
(C) Big Corporate House
(D) Getting all sorts of permission/clearances for small exporters
(E) None of these
Ans : (A)

50. Govt. of India has created a special India Micro finance Equity Fund of Rs. 100 crores. The fund is maintained by—
(A) IDBI Bank
(B) RBI
(C) ECGC
(D) SIDBI
(E) NABARD
Ans : (D)

Bank PO G.A Questions

1. In a survey of more than 500 companies and government agencies, ____________ percent detected
computer security breaches.
A. 20
B. 75
C. 85
D. 99
Answer: C
2. The survey showed that these businesses lost more than ____________ due to security breaches.
A. $100,000 each
B. $377 million
C. five employees each
D. $1 million
Answer: B
3. The typical computer criminal is a(n):
A. young hacker.
B. trusted employee with no criminal record.
C. trusted employee with a long, but unknown criminal record.
D. overseas young cracker.
Answer: B
4. The majority of computer crimes are committed by:
A. hackers.
B. insiders.
C. overseas criminals.
D. young teenage computer geniuses.
Answer: B
5. The common name for the crime of stealing passwords is:
A. spooling.
B. identity theft.
C. spoofing.
D. hacking.
Answer: C Reference: Theft by Computer
6. Collecting personal information and effectively posing as another individual is known as the crime
of
A. spooling.
B. identity theft.
C. spoofing.
D. hacking.
Answer: B
7. Malicious software is known as:
A. badware.
B. malware.
C. maliciousware.
D. illegalware.
Answer: B
8. A program that performs a useful task while simultaneously allowing destructive acts is a:
A. worm.
B. Trojan horse.
C. virus.
D. macro virus.
Answer: B Moderate
9. An intentionally disruptive program that spreads from program to program or from disk to disk is
known as a:
A. Trojan horse.
B. virus.
C. time bomb.
D. time-related bomb sequence.
Answer: B
10. In 1999, the Melissa virus was a widely publicized:
A. e-mail virus.
B. macro virus.
C. Trojan horse.
D. Time bomb.
Answer: A
11. What type of virus uses computer hosts to reproduce itself?
A. Time bomb
B. Worm
C. Melissa virus
D. Macro virus
Answer: B
12. The thing that eventually terminates a worm virus is a lack of:
A. memory or disk space.
B. time.
C. CD drive space.
D. CD-RW.
Answer: A
13. When a logic bomb is activated by a time-related event, it is known as a:
A. time-related bomb sequence.
B. virus.
C. time bomb.
D. Trojan horse.
Answer: C
14. A logic bomb that was created to erupt on Michelangelo’s birthday is an example of a:
A. time-related bomb sequence.
B. virus.
C. time bomb.
D. Trojan horse.
Answer: C
15. What is the name of an application program that gathers user information and sends it to someone
through the Internet?
A. A virus
B. Spybot
C. Logic bomb
D. Security patch
Answer: B
16. Standardization of Microsoft programs and the Windows operating system has made the spread of
viruses:
A. more complicated.
B. more difficult.
C. easier.
D. slower.
Answer: C
17. HTML viruses infect:
A. your computer.
B. a Web page in the HTML code.
C. both a Web page and the computer that is viewing it.
D. No
18. Software programs that close potential security breaches in an operating system are known as:
A. security breach fixes.
B. refresh patches.
C. security repairs.
D. security patches.
Answer: D
19. When customers of a Web site are unable to access it due to a bombardment of fake traffic, it is
known as:
A. a virus.
B. a Trojan horse.
C. cracking.
D. a denial of service attack.
Answer: D
20. ___________ is the measurement of things such as fingerprints and retinal scans used for security
access.
A. Biometrics
B. Biomeasurement
C. Computer security
D. Smart weapon machinery
Answer: A
21. What is the most common tool used to restrict access to a computer system?
A. User logins
B. Passwords
C. Computer keys
D. Access-control software
Answer: B
22. The most common passwords in the U.S. or Britain include all EXCEPT:
A. love.
B. Fred.
C. God.
D. 123.
Answer: D
23. Hardware or software designed to guard against unauthorized access to a computer network is
known as a(n):
A. hacker-proof program.
B. firewall.
C. hacker-resistant server.
D. encryption safe wall.
Answer: B
24. The scrambling of code is known as:
A. encryption.
B. a firewall.
C. scrambling.
D. password-proofing.
Answer: A
25. If you want to secure a message, use a(n):
A. cryptology source.

B. encryption key.
C. encryption software package.
D. cryptosystem.
Answer: D Reference: How It Works: 10.2 Cryptography
26. To prevent the loss of data during power failures, use a(n):
A. encryption program.
B. surge protector.
C. firewall.
D. UPS.
Answer: D
27. A(n) ____________ can shield electronic equipment from power spikes.
A. encryption program
B. surge protector
C. firewall
D. UPS
Answer: B
28. All of these are suggestions for safe computing EXCEPT:
A. don’t borrow disks from other people.
B. open all e-mail messages but open them slowly.
C. download shareware and freeware with caution.
D. disinfect your system.
Answer: B
29. Freeware ___________ encrypts data.
A. encryption
B. firewall software
C. PGP
D. private and public keys
Answer: C
30. ____________ is defined as any crime completed through the use of computer technology.
A. Computer forensics
B. Computer crime
C. Hacking
D. Cracking
Answer: B
31. Most computer systems rely solely on ___________ for authentication.
A. logins
B. passwords
C. encryption
D. lock and key
Answer: B


32. Creating strong computer security to prevent computer crime usually simultaneously helps protect :
A. privacy rights.
B. personal ethics.
C. the number of cookies downloaded to your personal computer.
D. personal space.
Answer: A
33. Over ___________ was spent by businesses and government to repair problems in regard to Y2K.
A. 20 million dollars
B. 100 million dollars
C. 1 billion dollars
D. 100 billion dollars
Answer: D
34. What is a complex system that takes on nearly complete responsibility for a task eliminating the
need for people, verification, or decision making?
A. Autonomous system
B. Missile defense auto-system
C. Smart weapon
D. Independent system
Answer: D
35. Security procedures can:
A. will eliminate all computer security risk.
B. reduce but not eliminate risks.
C. are prohibitively expensive.
D. are inaccessible for the average home user.
Answer: B
Fill in the Blank:
36. The field of computer ____________ uses special software to scan hard drives of potential
criminal suspects.
Answer: forensics Reference: Online Outlaws: Computer Crime Difficulty: Challenging
37. Computer ____________ often goes unreported because businesses fear negative publicity.
Answer: crime
38. ____________ connections are the most frequent point of attack for Internet commerce.
Answer: Internet
39. ____________ is the most common form of computer crime.
Answer: Theft

40. A survey by eMarketer.com found that ____________ are the most often cited online fraud cases.
Answer: online auctions Reference: Identity Theft
41. Theft of computers is most common for PDAs and ____________ computers.
Answer: notebook
42. When you use a disk in several different computers within the same day, you are taking the chance
of contracting a(n) ____________.
Answer: virus Reference: Viruses Difficulty: Easy
43. A(n) ____________ attaches itself to documents that contain embedded programs that automate
tasks.
Answer: macro virus
44. Both viruses and ____________ use computer hosts to replicate.
Answer: worms
45. ____________ programs search for and eliminate viruses.
Answer: Antivirus
46. A security patch is a software program that closes possible security breaches in the operating
system. The cost to the consumer is ____________.
Answer: nothing or free
47. ____________ was once the word used for malicious computer wizardry.
Answer: Hackers or hacking
48. ____________ refers to electronic trespassing or criminal hacking.
Answer: Cracking
49. DoS stands for ___________.
Answer: denial of service
50. DDoS stands for ___________.
Answer: distributed denial of service
51. ____________ hijack Web pages and redirect users to other sites.
Answer: Webjackers
52. ___________ software monitors and records computer transactions.
Answer: Audit-control
53. Each individual who uses a public key cryptosystem has ___________ keys.
Answer: two Reference: How It Works: 10.2 Cryptography


54. PGP stands for ___________.
Answer: PrettyGood Privacy
55. Most operating systems, including Windows XP, assign each user a unique ___________.
Answer: user identifier or user ID
56. It should now be common knowledge that users should not open ___________ from e-mail
recipients that the user does not know.
Answer: attachments
Matching:
57. Match the acts and centers with their purposes:
I. Computer Fraud and Abuse Act A. created by AttorneyGeneral Janet Reno in 1998
II. USA Patriot Act B. defines what kinds of communications are legal online
III. Digital Millennium Copyright Act C. created in 2001 as a response to the terrorist attacks of
September 11, 2001
IV. Telecommunications Act of 1996 D. provides instant information on crimes and criminals
V. Communications Decency Act E. declared unconstitutional by the Supreme Court
VI. National Infrastructure Protection Center F. created as a result of the first headline-making worm
VII. National Crime Information Center G. used to arrest a student for writing to crack an Adobe
product
Answers: F, C, G, B, E, A, D
58. Match the following rules of thumb about safe computing with the proper descriptions:
I. share with care A. be aware of e-mail from what appear to be legitimate companies
II. handle e-mail carefully B. don’t choose a dictionary word
III. disinfect regularly C. keep your disks in your own computer
IV. take your password seriously D. copy, copy, copy
V. if it’s important, back it up E. encrypt
VI. sensitive info over the Internet? F. use antivirus software
Answers: C, A, F, B, D, E

IDBI

1. The present Cash Reserve Ratio is—
(A) 5%
(B) 5•5%
(C) 6%
(D) 6•5%
(E) None of these
Ans : (C)

2. One of the objectives of KYC (Know Your Customer) norms is—
(A) to give boost to bank deposits
(B) to safeguard banks advances
(C) to monitor transactions of suspicious nature
(D) to help income tax authorities to collect income tax
(E) None of these
Ans : (C)

3. Contribution to Prime Minister's relief fund enjoys Income Tax benefit up to—
(A) 50% under section 80G
(B) 75% under section 80G
(C) 100% under section 80 G
(D) 100% under section 88
(E) No exemption is available
Ans : (C)

4. Which of the following activities are expected to be performed by the Business correspondents ?
(A) Disbursal of small value credit
(B) Collection of small value deposits
(C) Sale of micro insurance /mutual fund products
(D) All the three above
(E) Only (B) and (C) above
Ans : (E)

5. Tax at source by banks is deducted on interest paid on term deposits in the interest amount in a financial year exceeds—
(A) Rs. 3,000
(B) Rs. 5,000
(C) Rs. 10,000
(D) Rs. 15,000
(E) There is no such provision
Ans : (B)


6. Securitisation and Reconstruction of Financial Assets and Enforcement of security Interest Act relates to—
(A) Sanction of loans
(B) Enhancement of loan limits
(C) Recovery of loans
(D) All the above
(E) None of above
Ans : (C)

7. MSMED Act is applicable to—
(A) Smalls enterprises only
(B) Medium enterprises only
(C) Micro enterprises only
(D) Micro, Small and Medium enterprises
(E) All enterprises irrespective of their size engaged in manufacturing activity
Ans : (D)

8. Money Laundering refers to—
(A) Conversion of assets into cash
(B) Conversion of Money which is illegally obtained
(C) Conversion of cash into gold
(D) Conversion of gold into cash
(E) None of the above
Ans : (B)

9. The Monetary and Credit Policy is reviewed by the RBI after a gap of—
(A) one year
(B) one month
(C) two years
(D) five years
(E) None of these
Ans : (E)

10. PPF account is opened for a period of—
(A) 5 years
(B) 10 years
(C) 15 years
(D) 20 years
(E) None of these
Ans : (C)

11. Yuan is the currency of—
(A) Japan
(B) China
(C) Indonesia
(D) Myanmar
(E) None of these
Ans : (B)

12. National savings certificate matures at the end of—
(A) Six years
(B) Three years
(C) Six and half years
(D) Five years
(E) Five and half years
Ans : (A)

13. Normally Bank accept Fixed Deposits for a maximum period of—
(A) 5 years
(B) 3 years
(C) 10 years
(D) 20 years
(E) Any number of years
Ans : (E)

14. Code of banks commitment to Micro and Small enterprises is prepared by—
(A) RBI
(B) SEBI
(C) FEDAI
(D) BCSBI
(E) Ministry of Small and Medium Enterprises
Ans : (E)

15. Which one of the following is not a salient feature of debit card ?
(A) No bad debts to banks and no suits for recovery
(B) No interest earning for banks
(C) Works like a normal withdrawal
(D) All the above
(E) 45 dayes credit is given to the card holder
Ans : (E)

16. IFRS stands for—
(A) International Financial Reporting standards
(B) Indian Financial Rating Standards
(C) International Financial Rating Standards
(D) All the three above
(E) None of the above
Ans : (A)

17. What is the present Repo Rate ?
(A) 5%
(B) 5•5%
(C) 6%
(D) 6•5%
(E) None of these
Ans : (E)

18. There are certain financial instruments whose prices are derived from the price of the underlying currency of interest rate or stocks etc. These are known as—
(A) Derivatives
(B) Securitisation
(C) Leasing
(D) Factoring
(E) Venture Capital Funding
Ans : (A)

19. What is the full form of ASBA ?
(A) Allotment supported by Blocked Amount
(B) Application supported by Blocked Amount
(C) Application supported by Bank Amount
(D) Allotment supported by Bank Account
(E) None of the above
Ans : (B)

20. Reverse Repo is used by RBI to—
(A) Inject liquidity
(B) Absorb liquidity
(C) Increase the liquidity with banking system
(D) Keep the liquidity at one level
(E) None of the above
Ans : (D)

21. Which of the following is not considered as lending under infrastructure sector ?
(A) A Highway project
(B) Construction of Educational Institution
(C) Construction of Hospital
(D) Laying down of petroleum pipelines
(E) None of the above
Ans : (E)

22. KYC guidelines have been framed on the recommendations/as per guidelines of—
(A) Reserve Bank of India
(B) Ministry of Finance
(C) Indian Banks Association
(D) Financial Action Task Force
(E) Ministry of Home affairs
Ans : (A)

23. The term 'Power of Attorney' refers to—
(A) Power of a person
(B) An authority to operate a Bank account
(C) An instrument by which a person is empowered to act for another person
(D) All of the above
(E) None of the above
Ans : (C)

24. What is the amount of compensation to be paid per day, as per RBI directives in case of failed ATM transactions ?
(A) Rs. 50
(B) Rs. 100
(C) Rs. 200
(D) Rs. 500
(E) It is at the discretion of each Bank
Ans : (B)

25. Financial Action Task Force has an office in India at which place ?
(A) Mumbai
(B) Chennai
(C) Kolkata
(D) New Delhi
(E) All the above places
Ans : (D)

26. Bridge loans refer to—
(A) Loans granted to contruction companies for construction of bridges
(B) Loan granted to PWD for construction of bridges over Rivers
(C) Interim finance allowed by banks to their customers pending disbursement of term loans by financial institutions
(D) All of the above
(E) None of the above
Ans : (C)

27. Payment of Demand Draft can be stopped by—
(A) Payee
(B) Holder
(C) Purchaser
(D) All of these
(E) None of these
Ans : (A)

28. Can any one file an appeal against the order passed by the Banking Ombudsman ? If so who is the Appellate Authority ?
(A) The Chairman of concerned Bank
(B) The Deputy Governor RBI
(C) Governor of RBI
(D) Finance Minister
(E) None of the above
Ans : (B)

29. For which one of the following reasons, the Government has approved a plan to infuse Rs. 15,000 crore capital into PSBs ?
(A) To boost their lending capacity
(B) To maintain minimum CRAR as per Basel II norms
(C) To maintain NPA provision coverage ratio
(D) To strengthen the Balance Sheet of banks
(E) None of these
Ans : (A)

30. What is monetary policy transmission ?
(A) It refers to monetary policy of Central Bank
(B) It refers to fiscal policy of Government
(C) It refers to various channels through which the monetary policy of a Central Bank alters prices or output in the real economy
(D) It refers to various channels through which the fiscal policy of the Government alters prices or output in the real economy
(E) None of these
Ans : (C)

31. On which one of the following issue IMF has supported monetary policy of India ?
(A) Tightening of monetary policy
(B) Stimulus for agriculture sector
(C) Concessions for foreign investment
(D) Introduction of GST
(E) None of these
Ans : (A)

32. The advantage of convenience in credit card operations is for—
(A) Customer
(B) Members Establishments
(C) Banks
(D) All the above
(E) None of the above
Ans : (D)

33. Under provisions of which one of the following Acts, CAs/CS have been told to report all suspicious fund trasnfers ?
(A) RBI Act
(B) Banking Regulation Act
(C) Indian Companies Act
(D) Unlawful Activities (Prevention) Act
(E) None of these
Ans : (D)

34. Bancassurance is—
(A) an insurance scheme to insure bank deposits
(B) an insurance scheme exclusively for the employees of banks
(C) a composite financial service offering both bank and insurance product
(D) a bank deposits scheme exclusively for employees of insurance companies
(E) None of the above
Ans : (C)

35. In the term STRIPS, the first letter 'S' denotes—
(A) Separate
(B) Small
(C) Special
(D) Savings
(E) None of these
Ans : (A)

36. Which of the following organizations, provide credit history of the borrowers ?
(A) CIBIL
(B) SEBI
(C) RBI
(D) CRISIL
(E) IBA
Ans : (A)

37. Loans/advances to farmers is treated as—
(A) Personal Loans
(B) Priority Sector Loan
(C) Business Loan
(D) Corporate Loan
(E) None of these
Ans : (B)

38. Which one of the following Organisations maintains CRR ?
(A) RBI
(B) SEBI
(C) NABARD
(D) IBA
(E) None of these
Ans : (A)

39. When the loan is granted for purchase of white goods it is called—
(A) Consumption loan
(B) White goods loan
(C) Consumer durable loan
(D) All the above
(E) None of the above
Ans : (C)

40. Which one of the following is the objective of Mahatma Gandhi National Rural Employment Guarantee Act ?
(A) To provide 100 days employment to people in rural areas
(B) To provide employment to educated youth
(C) To provide employment under KVIC schemes
(D) To create more valuable rural assets
(E) None of these
Ans : (A)

41. Structure of Basel II is based on how many pillars ?
(A) Two
(B) Three
(C) Four
(D) Eight
(E) Six
Ans : (B)

42. With which one of the following 'Channel Financing' is associated ?
(A) Retail Lending
(B) Corporate Lending
(C) SME Lending
(D) Supply Chain Finance
(E) None of these
Ans : (D)

43. Expand the term FRBM—
(A) Financial Responsibility and Business Management
(B) Fiscal Responsibility and Business Management
(C) Financial Responsibility and Budget Management
(D) Fiscal Responsibility and Budget Management
(E) None of these
Ans : (D)

44. A customer can approach Banking ombudsman if he does not get satisfactory response to his grievance from the bank within how many days ?
(A) 10 days
(B) 20 days
(C) 8 days
(D) 30 days
(E) 60 days
Ans : (D)

45. Which one of the following country is in talks with EU and International Monetary Fund, to exit from debt crisis ?
(A) Spain
(B) Turkey
(C) Portugal
(D) Greece
(E) Finland
Ans : (D)

46. For achieving 8•5 percent GDP growth in fiscal 2010-11, which one of the following should be percent growth in farm sector ?
(A) 2•0
(B) 2•5
(C) 3•0
(D) 4•0
(E) None of these
Ans : (C)

47. According to a report submitted by IMF in its World Economic Outlook, which one of the following countries will have highest percent GDP growth rate in 2011 ?
(A) China
(B) India
(C) Brazil
(D) Russia
(E) None of these
Ans : (A)

48. Which one of the following has given 'Aadhaar' as its new brand name ?
(A) UIDAI
(B) Sports Ministry, GOI
(C) Ministry of Tourism, GOI
(D) NHAI
(E) None of these
Ans : (A)

49. Which of the following will help poor to come out of their poverty ?
1. Good Health Service
2. Freedom from illiteracy
3. Optimum Sex Ratio
(A) Only 1
(B) Only 2
(C) Only 1 and 2
(D) Only 3
(E) All 1, 2 and 3
Ans : (E)

50. Which one of the following is per cent Bank Rate ?
(A) 4•0
(B) 4•5
(C) 5
(D) 3•33
(E) None of these
Ans : (E)

Andhra Bank PO GA

General Awareness

1. What is the population of India ?
(A) 98 crores
(B) More than 2 billion
(C) More than 1 billion
(D) Less than 96 crores
(E) 96 crores

2. Thermostat is an instrument used to—
(A) measure flow of current
(B) measure intensity of voltage
(C) regulate temperature
(D) regulate velocity of sound
(E) None of these

3. Wimbledon Trophy is associated with—
(A) Football (B) Cricket
(C) Hockey (D) Basketball
(E) Lawn Tennis

4. GNP stands for—
(A) Gross National Product
(B) Group Net Product
(C) Grand Nuclear Process
(D) Group Networking Process
(E) None of these

5. 'Acoustics' is the science of the study of—
(A) Light (B) Sound
(C) Electricity (D) Magnetism
(E) None of these

6. Noise pollution is measured in the unit called—
(A) micron
(B) nautical miles
(C) ohms
(D) ampere
(E) decibel

7. 'Heavy Water' is used in which of the following types of indus-tries ?
(A) Sugar
(B) Nuclear Power
(C) Textile
(D) Coal
(E) None of these

8. Who amongst the following is the author of the book 'Indomi-table Spirit'?
(A) Dr. A.P.J. Abdul Kalam
(B) Dr. Manmohan Singh
(C) Justice K. G. Balakrishna
(D) Mr. Natwar Singh
(E) None of these

9. Which of the following is not the name of popular IT/Software Company ?
(A) Wipro (B) Mastek
(C) Toyota (D) IBM
(E) Infosys

10. 'Yen' is the currency of—
(A) South Korea
(B) China
(C) Indonesia
(D) Malaysia
(E) None of these

11. Baichung Bhutia whose name was in news is a well known—
(A) Music Director of Indian films
(B) English author of Indian origin
(C) Journalist
(D) Politician
(E) Sports Personality

12. 'Richter Scale' is used to measure which of the following ?
(A) Intensity of Tsunami Waves
(B) Intensity of Earthquake
(C) Density of salt in Sea water
(D) Flow of electric current
(E) None of these

13. Which of the following best explains 'e-governance'?
(A) Improving the functioning of government
(B) Teaching government emp-loyees the basics of computing
(C) Delivery of public services through internet
(D) Framing of cyber-laws of chatting on internet
(E) Convergence of e-mail and video-conferencing

14. CAS is associated with which of the following ?
(A) Legal System Reforms
(B) Piped gas line
(C) Cable T.V.
(D) Mobile phone regulation
(E) None of these

15. Tata Steel recently acquired the Corus, a steel giant situated in—
(A) South Africa
(B) Ukraine
(C) Australia
(D) Italy
(E) Britain

16. Which of the following is the abbreviated name of the Organi-zation/Agency working in the field of Space Research ?
(A) ISBN
(B) ISRO
(C) INTELSET
(D) INTACH
(E) None of these

17. 'Handshaking' in Networking parlance means—
(A) connecting computers to a hub
(B) distributed Networks
(C) having same operating system on different computers
(D) sending e-mail
(E) None of these

18. VAT stands for—
(A) Value And Tax
(B) Value Added Tax
(C) Virtual Action Tasks
(D) Virtual Assessment Tech-nique
(E) None of these

19. Alzheimer'sdiseaseistheailment of which of the following organs /parts of the human body ?
(A) Kidney
(B) Heart
(C) Liver
(D) Stomach
(E) Brain

20. Global warming is a matter of concern amongst the nations these days. Which of the follo-wing countries is the largest emitter of greenhouse gases in the World ?
(A) U.S.A.
(B) China
(C) India
(D) Britain
(E) None of these

21. Which of the following books has been written by Bill Gates ?
(A) Microsoft Secrets
(B) The Road Ahead
(C) The Elephant Paradigm
(D) e-commerce
(E) None of these

22. Which of the following is the name of the social network service run by the Google on the internet ?
(A) Online Space
(B) Orkut
(C) Net-Space
(D) Wikipedia
(E) None of these

23. Which of the following states is a relatively new addition ?
(A) Goa
(B) Delhi
(C) Uttarakhand
(D) Himachal Pradesh
(E) Bihar

24. DOT stands for—
(A) Disc Operating Therapy
(B) Department of Telephones
(C) Directorate of Technology
(D) Damage on Time
(E) None of these


25. Which of the following States/ parts of India is completely land locked having no contact with sea ?
(A) Karnataka
(B) Orissa
(C) Maharashtra
(D) North-East
(E) None of these

26. TRAI regulates the functioning of which of the following servi-ces ?
(A) Telecom (B) Trade
(C) Port (D) Transport
(E) None of these

27. At present for the ATMs in India, the most commonly used net-work communication mode is—
(A) Very Small Aperture Termi-nal (VSAT)
(B) General Packet Radio Ser-vice (GPRS)
(C) Code Division Multiple Access (CDMA)
(D) Dial-in Connection
(E) None of these

28. Which of the following is not a foreign bank operating in India ?
(A) DBS Bank Ltd.
(B) Sonali Bank
(C) J. P. Morgan Chase Bank
(D) Shinhan Bank
(E) All are Foreign Banks

29. Who is the author of the book 'Future Shock' ?
(A) Alvin Toffler
(B) Tom Peters
(C) Napoleon Hill
(D) Kenneth Blanchard
(E) None of these

30. Apex fares are—
(A) more than the normal fare
(B) less than the normal fare
(C) offered only to corporate clients
(D) applicable to late night flights only
(E) applicable to international flights only

31. Who amongst the following is the Director of the film 'Water' which was in news ?
(A) Vidhu Vinod Chopra
(B) Mrinal Sen
(C) Gulzar
(D) Mahesh Bhatt
(E) None of these

32. The 10th plan period is upto—
(A) 2007 (B) 2008
(C) 2009 (D) 2010
(E) None of these

33. OPEC is a group of countries which are—
(A) exporting oil
(B) producting cotton
(C) rich and developed
(D) developing and poor
(E) nuclear powers

34. Intel Company mainly pro-duces—
(A) Hard disks
(B) VCDs
(C) Monitors
(D) Software
(E) None of these

34. Intel Company mainly pro-duces—
(A) Hard disks
(B) VCDs
(C) Monitors
(D) Software
(E) None of these

35. Who amongst the following is the M.D./Chairman of one of the major Steel Companies ?
(A) Shri L. N. Mittal
(B) Shri K. K. Birla
(C) Shri Vijaypat Singhania
(D) Shri Mukesh Ambani
(E) Shri Anil Agarwal

36. Who is the President of Nass-com?
(A) Kiran Karnik
(B) Narayana Murthy
(C) Pramod Desai
(D) Devang Mehta
(E) None of these

37. Which of the following awards is not given for excellence in the field of literature ?
(A) Booker Prize
(B) Nobel Prize
(C) Pulitzer Price
(D) Arjun Award
(E) Bharatiya Gnanpith Award

38. 'Singur' which was in news is a place in—
(A) Orissa
(B) West Bengal
(C) Jharkhand
(D) Bihar
(E) Maharashtra

39. Who amongst the following is the author of the book series named as 'Harry Potter' ?
(A) J. K. Rowling
(B) Lindsay Lohan
(C) Julia Roberts
(D) Sandra Bullock
(E) None of these

40. Which of the following Satellites recentlydedicatedtonation helps Direct to Home Television Ser-vice in India ?
(A) Matsat
(B) Edusat
(C) Insat–4b
(D) Insat–IB
(E) None of these

41. Many a times we read some news items about the 'West Bank'. 'West Bank' is situated at the western side of the river—
(A) Mississippi
(B) Amazon
(C) Nile
(D) Jordan
(E) None of these

42. Which of the following pheno-menon is considered responsible for 'Global Warming' ?
(A) Greenhouse Gas Effect
(B) Fox Fire
(C) Dry Farming
(D) Radioactivity
(E) None of these

43. Which of the following instru-ments is not issued by a bank ?
(A) Demand Draft
(B) Pay Order
(C) Debit Card
(D) Credit Card
(E) National Saving Certificate

44. Name of Jyoti Randhawa is asso-ciated with which of the follo-wing games ?
(A) Golf
(B) Badminton
(C) Hockey
(D) Chess
(E) None of these

45. Which of the following Software Companies recently launched its education portal 'Unlimited Potential' in India ?
(A) Microsoft (B) Infosys
(C) Wipro (D) TCS
(E) None of these

46. Polly Umrigar who died was a well known—
(A) Cricketer
(B) Tennis Player
(C) Golfer
(D) Chess Player
(E) Hockey Player

47. In India Census is done after a gap of every—
(A) Five years
(B) Seven years
(C) Eight years
(D) Ten years
(E) Fifteen years

48. Prof. Muhammad Yunus the recipient of the Nobel Peace Prize 2006 is the exponent of which of the following concepts in the field of banking ?
(A) Core Banking
(B) Micro Credit
(C) Retail Banking
(D) Real Time Gross Settlement
(E) Internet Banking

49. Who amongst the following was India's official candidate for the post of UNO's Secretary Gene- ral ?
(A) Mr. Shyam Saran
(B) Dr. C. Rangarajan
(C) Mr. Shashi Tharoor
(D) Mr. Vijay Nambiar
(E) None of these

50. Mr. Gordon Brown has taken over as the Prime Minister of—
(A) Italy
(B) Canada
(C) France
(D) South Africa
(E) Britain

Answers with Explanation:-
1. (C) 2. (C) 3. (E) 4. (A) 5. (B) 6. (E) 7. (B)
8. (A) Indomitable Spirit is a book authored by Dr. A.P.J. Abdul Kalam the ex-President of India. The book brings together the values, thoughts and ideas of President Kalam as reflected in his speeches and addresses. Interspersed with interesting ancedotes and observations, indomitable Spirit represents the quintessential A.P.J. Abdul Kalam—the man, the scientist, the teacher and the President.
9. (C) 10. (E)
11. (E) Baichung Bhutia is a football player from India. He is known by his fans as the torchbearer of Indian football in the inter-national arena. He is currently captain of Indian team and plays for Mohan Bagan.
12. (B) 13. (C)
14. (C) A Conditional Access System (CAS) is a system by which ele-ctronic transmission of digital Media, especially satellite televi-sion signals through cable is limited to subscribed clients. This is called conditional access. The signal is encrypted and is unav-ailable for unauthorised recep-tion. A set-top box containing a conditional access Module is required in the customer premi-ses to receive and decrypt the signal. CAS is now becoming a significant concern for Major companies in the DVB-H Market because broadcasters are looking to control the digital signals that they will be broadcasting.
15. (E) 16. (B)
17. (A) Handshaking is a network-ing process when two computers establish a connection. An example of a handshake is when your modern dialup's to a com-puter network and agrees on baud rate, error correction and compression protocols. Hand-shaking usually occurs when packets of data are exchanged between two computers.
18. (B) 19. (E) 20. (B)
21. (B) The Road Ahead, a book written by Bill Gates, Nathan Myhrvold and Peter Rinearson, andPublishedinNovember 1995, summarized the implications of the personal computing revolu-tion and described a future profoundly changed by the arri-val of a global interactive net-work.
22. (B) Orkut is an internet social network service run by Google and named after its creator, Google employee Orkut Buyuk-kokten. It claims to be designed to help user meet new friends and maintain existing relation-ships.Similar to facebook, friend-ster and my space. Orkut was launched in January 2004 by the search company Google. In Octo-ber 2006, Orkut stated to have 37 million account and 1·3 million daily visitors. As of August 2007, the service claimed 67 million users.23. (C)
24. (E) Dot stands for Department of Telecommunications.
25. (D)
26. (A) The Telecommunications Regulatory Authority of India or TRAI (established 1997) is the independent regulator establis-hed by the Government of India to regulate the telecommunica-tions business in India.
27. (A) 28. (E)
29. (A) Future Shock is a book written by the Sociologist and Futurologist Alvin Toffler in 1970. The book is actually an extension of an article of the same name that Toffler wrote for the February 1970 issue of play-boy. The book has sold over 6 million copies and has been widely translated. A documen-tary film based on the book was released in 1972 with Orson Welles as on screen.
30. (B)
31. (E) Water 2005, is an Academy Award-nominated Canadian film directed and written by Deepa Mehta. It is set in 1938 and explores the lives of widows at an ashram in Vanarasi, India. The film is also the third part of a linked trilogy by Mehta, prece-ded by fire (1996) and Earth (1998).
32. (A) 33. (A)
34. (E) Intel Company mainly pro-duces Microprocessor, Flash memory, Motherboard Chipsets, Network Interface card, Blue-tooth Chipsets etc.
35. (A) 36. (A) 37. (D) 38. (b) 39. (a)
40. (c)
41. (d) The West Bank, also known as 'Judea and Samaria' is a landlocked territory on the West Bank of the Jordon River in the middle east. Since 1967 most of the West Bank has been under Israeli occupation.
42. (a) 43. (e) 44. (a) 45. (a) 46. (a) 47. (D)
48. (b) Muhammad Yunus is a Bangladeshi banker and econo-mist. He previously was a profe-ssor of Economics and is famous for his successful application of Microcredit. The extension of small loans. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. Yunus is also the founder of Grameen Bank. In 2006 Yunus and the bank were jointly awar-ded the Nobel Peace Prize.
49. (C)
50. (E) James Gordon Brown is the Prime Minister of the United Kingdom of Great Britain and Northern Ireland. He took office on June 27, 2007, three days after becoming leader of the Labour Party